Addentax Group
ATXG
#9584
Rank
S$4.12 M
Marketcap
$0.68
Share price
0.81%
Change (1 day)
-67.35%
Change (1 year)

Operating Margin for Addentax Group (ATXG)

Operating Margin as of September 2024 (TTM): -32.12%

According to Addentax Group's latest financial reports and stock price the company's current Operating Margin is -32.12%. At the end of 2023 the company had an Operating Margin of 16.89%.

Operating Margin history for Addentax Group from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202316.89%2011.98%
20220.80%-105.55%
2021-14.41%51.97%
2020-9.48%38.64%
2019-6.84%33.18%
2018-5.14%-23.51%
2017-6.71%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.